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at mitt romney with 119, newt gingrich with 30, rick santorum at 17, and ron paul at eight. >> i keep hearing people tell me they were undecided and now they've decided to join with us. >> it's gut check time. who wants it the most? what do you say? >> we're going to be talking to our chief washington correspondent, john harwood, in just a few minutes. in the meantime, jobs and the economy are obviously key issues pour voters right now. listen to this, the atlanta fed has created a new tool that allows you to estimate the number of jobs that president obama needs to get below 8% unemployment. it does assume the participation rate stays the same. if you take that assumption and you plug in the numbers, you figure there are eight months left before november and you want to see a target unemployment rate of 8%, the average monthly change in payrolls needs to be about 130,000. a note out on this topic says that if labor force participation stabilizes at the current rate, then the president needs 232,000 jobs per month to get the unemployment rate below 8% so there are some different facto
this about romney? he has won like boardwalk and park place and what are the green ones that are good. pennsylvania -- >> oh, yeah. north carolina? >> these aren't states anyone but on the boardwalk it's some of the good property. >> marvin garpd dens over there? >> ohio, florida, and michigan. >> marvin gardens is the other. >> that's yellow. >> is it yellow? >> arizona is yellow. >> wait a second. what are you calling georgia at this point? like baltic? >> georgia had a lot of delegates. >> but that was home state and -- yeah. he won 54% of the delegates. 54% in the general election would be land slide obviously. >> but, john, if you look what's happened. e we thought is there a situation where he's cleaning up? this doesn't look like anyone got knocked out of the race. >> that's right. no one has gotten knocked out of the race. i think we've known from the beginning mitt romney is the only guy with the infrastructure, the campaign, the credibility to make it to the nomination that. was true at the beginning, it's true now. he is highly likely to be the republican nominee. however,
paul to really get behind mitt romney so that the focus can be singular at this point? >> i really hope so. i noted in i think the "wall street journal" this morning they mentioned that already the obama campaign is sitting on $85 million in cash while obviously mitt romney is having to spend a great deal of money in these primaries. so every day, but more importantly than that, every day that goes by that there isn't a contest between mitt romney and president obama is a day lost for mitt romney. and i would also add that because of the nature of the attacks and the super p.a.c.s, by the way the most disgraceful decision of the united states supreme court in my memory maybe not in the history but certainly in my memory, out of ignorance and stupidity they issued the citizens united decision. but anyway, so with the negative ads funded by the super p.a.c.s, we've driven the unfavorables of mitt romney up higher which is the advantage to president obama. as soon as we get to the target and debate and contest between mitt romney and president obama, the better off we will be and the bette
and mitt romney is in a statistical tie with rick santorum. john harwood joins us from d.c. this morning. good to see you. i have "the wall street journal" out in front of me. it says romney is now at 38%. santorum at 32%. gingrich at 13%. we have him come up in the show in the 7:00 hour. ron paul at 13% as well. is it over yet? >> reporter: no, it's not over yet but tomorrow on super tuesday mitt romney hopes to cook a lot of stuff and eat it, to use gary's analogy. he is coming up in ohio. ohio is the place where rick santorum needs to hurt romney because so far when the stakes have been raised and it's come to big tests, rick santorum has won smaller stuff. michigan was a test. he made that a battleground. mitt romney pulled it out very close. but we've seen him follow the same trajectory in ohio coming back from a deficit. it's not an impressive performance but it may be enough to show everybody that he can't be stopped. so you have ten states that are voting tomorrow. that nationally mitt romney has developed, has reflected his comeback in the state of michigan and his trick try in
for, and this was the result mitt romney didn't want to happen. why? because not only did romney not win either state, santorum won both of them, gingrich didn't, and because he didn't, even if he doesn't drop out and there would be pressure on him from some conservatives to do that, he's going be a diminishing force in the race, and what that means is rick santorum moves closer. he's not there yet. but he moves closer to a straight one-on-one matchup with mitt romney. he's going go to missouri this weekend where they have caucuses. he did very well this the beauty contest a while ago. and then he goes to the state of illinois, which is interesting because it would be the first race in a midwestern state where gingrich has clearly been downgraded in major way, and if rick santorum could somehow have a victory there, might not prevent mitt romney from being the nominee, i still think he will, but it's going be a more slower and painful slog that will not help mitt romney. >> gingrich told his supporters last night he's going all the way to the convention. he's not planning on gett
. >> in political news this morning, romney killed it last night. that's basically what happened. he report add very big win in the illinois primary. he outspent rick santorum 7 to 1 there and won with 47% of the vote. here's how the delegates' count now stand. take a look. romney, 485, santorum, 191, gingrich, 137, and mr. ron paul himself, 34. joining us from the windy city of chicago, our chief washington correspondent john harwood. mr. harwood, good morning. >> morning. >> is it over? can we finally say the math doesn't add and call it? have we been saying it from the beginning or no. >> i do thing it's over. last night was when we found out whether mr. santorum could turn over the race, which is what he had to do, and he just didn't have the strength to do it. at some point a challenger like rick santorum has got to break through in a big contested industrial state, not just count on going south like he's going to go to louisiana this weekend and try to pick off a win in a very favorable ideological circumstance. he might win louisiana. romney could get a boost -- the polls that we've seen, the
at 7:45 a.m. and in other political new, illinois is holding it presidential primary. if mitt romney wins decisively, he'll create a clear path to the nomination. if he loses or barely win, we could be looking at the first big fight during the republican convention in nearly lthree decades. >> i'm already betting on a brokered convention. >> journalists want it for sure. >> but i think even people in the party. if they were clearly rallying around one candidate, but i think there's a sense that we haven't done this about in forever, let's see what it is actually like. >> i think it would be horrible for the party just as a practical matter. i think the damage that would be done in a brokered convention would be off the charts. i would think. >> there were times when brokered conventionses meant violence in the streets and and you would kinds of crazy stuff. >> there is a sense, and i don't mean to attribute this to republicans in particular, but i do think there's a sense of let's see what this would like look. >> it would be interesting as a theoretical matter. it would make better
romney during the weekend if puerto rico of all places. now the candidates are preparing for tomorrow's primary in illinois. and i will notice has more delegates at stake than any other state so far this year with the exception of georgia and our good friend john harwood is our chief washington correspondent and he has more. john, puerto rico, important, not so important? >> it's nice for mitt romney to get a win heading in to illinois. he picked smup delegates. he has a delegate lead which will be very difficult to overcome. but he needs to definitively stop rick santorum's know men it item with a win in illinois. and if santorum can interest some how break through there, hugh there's a new poll showing mitt romney's only four points ahead of rick santorum in a state that has been thought of as a home game for mitt romney. he needs to win. and if he does, he's going to continue an strengthen his grip on the nomination. but if santorum can break through and get that win in a closely contested mid western state that he hasn't gotten in ohio, he didn't get in michigan, then we could hav
recognize that and in effect formally line up behind mitt romney. we know right now that mitt romney will be the republican nominee when rick santorum was not able to break through in illinois after failing in ohio and michigan. it's pretty clear that he just doesn't have the umpf behind his small campaign that has been underfunded compared to mitt romney. just doesn't have must have to enough to do the damage he needs to stop mitt romney from getting the nomination or to get it himself. but candidates have goals they want to accomplish. you invest a whole lot of your ego and your blood sweat and tears in these campaigns. so the decision to get out of the race and say i'm done is very difficult to make. ron paul is a different case because ron paul wants to advance libertarian politics. he wants to enhance the influence of the string of republican inch that he represents. santorum and gingrich, somewhat more complicate in terms of their calculation. an i would expect them to go on for some period of time. gingrich says he's going all the way to the convention. that could happen. but
you very much. >>> back here in the united states after a weekend win for mitt romney in wyoming and rick santorum in kansas, the g op presidential hopefuls are preparing for con sess in alabama and mississippi tomorrow. john harwood is our chief washington correspondent and he joins us right now with more. and, john, these races are shaping up to be a little closer than we might have expected, correct? >> reporter: yes, they are. mitt romney is doing pretty well. by the way, you have your own massage they are miss on the set there this morning? >> we wish. >> totally different than you're thinking, harwood, with your mind, where that is half the time. we're talking about massaging money. >> reporter: just remember, he always takes a cut. >> he? yeah, he does. there's no happy endings in this massage. i know where you're heading. and you know what, what happened to duke? >> yeah, yeah. >> his some is a tar heel. >> the same thing that happened to carolina. we got beat by a very good florida team, experienced, they're tough, they're good. >> you're not picking duke, are you, john?
but romney went crazy on him with the negative ads. >> that's still the case. whatever money either candidate gets directly or in the super pac they use to pour on the head of their leading opponent. it's really tragic. part of it is money but also the fact that our candidates have lost sight of the ball which is president obama. republicans overwhelmingly understand we need to change the leadership. >> if you want to campaign, governor, if you want to get in the position of being the nominee -- >> i understand that's clearly what everybody thinks you have to bash your opponent during the course of the primary. i think it's not impossible. maybe i'm just a dreamer, but if you had focused on what this president has done to the country and will do to the country and what you would do differently to give people better lives if you get the opportunity to lead this country, i think republicans could have said all right maybe he didn't trash the other guy and nothing wrong with the other guy -- >> mitt romney started out trying to do that, and standing -- >> becky you tell me what mitt was running
good perspective at this point when you're, what, less than 50% of the delegates of romney? >> yeah, it's not looking as if rick santorum's got the capacity to stop mitt romney win the nomination outright himself. but he can keep going as long as he he has the money. he's not anywhere nearly competitive with mitt romney on television. romney's way outspending him by multiples in the state of wisconsin. santorum still because of his reputation among conservatives can still run reasonably close to him. we'll see if he can break through. hasn't been able to do it in the midwest before. but it will keep going without a lot a suspense. >> i heard ohio arts, the stock surged. do you know what i'm talking about? >> i do not. >> maker of the etch a sketch. >> oh, right. yeah, that was quite a major blunder by one of romney's aides and the kind of they think that had resonance and both sink grich a gingrich and santorums have been waving etch a sketches around. >> but if you understand politics as you do, and if you're not ready to be flexible, you're not going todecent campaign. and i don't kno
for romney. major garrett is the white house correspondent and mark halperin. good morning to you both. quick question for you. i'm looking at the front page of the "new york times." and mr. santorum is holding an etch a sketch, i don't know if you can see that, you know where i'm going with this. mark, i'll ask you first, does it matter or is this just theatrics and games? >> i only agreed on on do the program as part of an elaborate hoax on paula abdul. that's why i'm here. it does matter because romney's almost certainly going to be the nominee and i think i've said for a while, take out a calendar marking the shows every day between now and november. i think his chances of winning is based on how many days is he talking about the economy and how many days is he talking about his own record and gaffes in his campaign. and his top adviser said something that will linger with -- >> won't we forget about this in a week? >> no. because presidential politics is about controlling your image and they'll use this image. it won't determine the election, but every day mitt romney has to talk about t
subscriber and that's the back and forth. >> on in trade we got below 60 on obama's re-election. romney now at 84. forgetting the nomination. 33% on the possibility of him being president. >> "squawk" is coming back. looking for a better place to put your cash? here's one you may not have thought of: fidelity. now you don't have to go to a bank to get the things you want from a bank. like no-fee atms -- all over the world. free checkwriting and mobile deposits. now, depositing a check is as easy as taking a picture. free online bill payments. a highly acclaimed credit card with 2% cash back into your fidelity account. open a fidelity cash management account today and discover another reason serious investors are choosing fidelity. 20 pages. boom! the other office devices? they don't get me. they're all like, "hey, brother, doesn't it bother you that no one notices you?" and i'm like, "doesn't it bother you you're not reliable?" and they say, "shut up!" and i'm like, "you shut up." in business, it's all about reliability. 'cause these guys aren't just hitting "print." they're hitting "dream.
their presidential primaries. polls are tight. gingrich is leading but romney is within striking distance. both men along with rick santorum are trying their best to appeal to southern voters. >> looking forward to going out and hunting with you sometime. >> i feel relatively at home. this morning when i had grits i thought it was a very normal thing to do. >> john harwood is our chief washington correspondent. i moved -- i changed all my brackets this morning and i moved duke -- i took duke long. duke is surviving longer than i had before. i think they're going to -- >> how long? is. >> huh? >> how long. >> i can't remember who i had them losing to. someone good. >> i had them out in the second round. >> i have them winning three or four games and then they finally lose. >> this is a better conversation than eggs versus granola. >> you're made because i said maybe you didn't have parents or something. do you have a yellow tie on? we are so in sync on things. but, john, do you feel the romney thing sort of happening, the inevitability? people down in the south normally it would be slam dunk santoru
-- is that fair to say -- romney would be that president obama might be able to point to some weaknesses in governor romney, then maybe someone like a jeb bush, christi, your name. >> bob mcdonnell. >> your name is thrown in there as well, what kind of convention, an open convention. >> an open convention, if it came to that. i think a lot of that depends on what happens in ohio next tuesday, if governor romney wins big in ohio, i think at that point i would hope the party will start to look to come together, but i just disagree with governor mcdonnell on one thing, you were pointing out how in '08 president obama and hillary had this brutal contest into june. the difference then is at the same time we were having our own internal battle over who our nominee is. this time the president is out there acting above the fray, and the american people are paying attention, and so i think it's far better for us to get this behind us, so that we can focus on the president and his weaknesses in those three areas you talked about, as opposed to taking shots at each other. >> governor i agree, that
. accurate. >> have you seen the story? romney punts on kur yid interest. >> that's good to see. it replaced andrew's story on goldman s is achs. >> why did he punt on carried interest? it should be capital. >> i don't think he punted. what he did was he said if it's -- if your money is at risk and long term it should be long term. >> it was a question joe asked him yesterday at the end of the interview. >> interest by did he haefiniti ordinary income so they definitely positioned themselves so it should be treated as ordinary income. it should be called carried capital if it really is carried capital and, in addition, this isn't about getting carried interest to be tacked it's about finding revenue to do other things with it. >> wait a second, what's your -- >> that's the purpose of the attack on carried interest. >> carried interest, carried capital, however you want to call this, ling which is six aside, this is taxed as 15% as a long-term investment. how do you think? >> i think in most cases that's what it qualifies as capital. there's going to be some instances where it's ordinary inco
last night, you missed something extraordinary. mitt romney was on leno, but we have it here, take a quick look as we head to break. >> you don't always get every word just right, and so you have to give people a little bit of slack, i think. in this case, rick santorum's a good guy. he's running a good campaign. we have some differences in background and differences on some issues but basically a good guy. you know, i'm happy with him saying he'd like to be part of an administration with me. nothing wrong with that. if he's the vp, that's better. ♪ when your chain of supply goes from here to shanghai, that's logistics. ♪ ♪ chips from here, boards from there track it all through the air, that's logistics. ♪ ♪ clearing customs like that hurry up no time flat that's logistics. ♪ ♪ all new technology ups brings to me, that's logistics. >>> a little dale adele on a wednesday morning. coming back. apple is going to be e-mailing all buyers in australia to offer them a refund. i bought an ipad but i'm here in u.s. after an australian watchdog accused the tech giant of one as
waiting for? someone new? >> no. i got elected to run the state. >> tack a pick. santorum, romney, gingrich or ron paul or other. >> all of the above. my job is to run the state. my job is not to pick a candidate. i ran for the first time in my life two years ago. i was not the establishment candidate. i won without any endorsement. i'll let the public decide. >> still to come this morning, the director of the port of miami on jobs, the economy and why his port is what he says is a great economic indicator. as we head to break, take a look at gasoline prices this morning. we're coming right back. >>> up next, investing in america. gold choice. the freedom you can only get from hertz to keep the car you reserved or simply choose another. and it's free. ya know, for whoever you are that day. it's just another way you'll be traveling at the speed of hertz. . >>> embraer . >>> embraer takes flight in florida, launching a new engineering and technology center in mel bourne, creating about 200 jobs. thank you for coming in this morning. we actually had a little bit of a debate this morn
don't think anyone believes it will actually pass. >> and just to define it, romney, a big offender or not? >> when he was at bain, yeah. bain was a one of the poster children for recaps. a lot of people see what happened at bain and they don't get it. how did bain buy a company, the company goes bankrupt and bain made money. the idea should be if you buy a company and it fail, you lose money on it, but bain did it via dividend recaps. >> heads you win, tails you win argument. but last piece, i'm just trying to understand is bain one of the worst offenders or not? my thought was that they were not. >> they're not anymore. they were back during romney's day, they were kind of one of the firms that did the most of these sort of dividend recaps. >> fair enough. dan, we'll leave it there. thanks for coming in so early this morning. >> thank you. >>> coming up, the richest of the rich. most powerful of the powerful hedge fund managers with the midas touch. ranking of the top 25 earnings well-known names on the list. and later, an industry under fire on main street. what does wall street
kudlow report" mitt romney's right-hand man on energy, harold hamm, will be joining larry to talk about gas prices and much more. make sure you tune in to "the kudlow report" tonight starting at 7:00 p.m. eastern. has been working hard for their clients' futures. never taking a bailout. helping generations achieve dreams. buy homes. put their kids through college. retire how they want to. ameriprise. the strength of america's largest financial planning company. the heart of 10,000 advisors working with you, one-to-one. together, for your future. ♪ >>> up >>> up next, he warned of the housing crisis in 2005 and he's been consistently on target with other economic predictions including a turnaround in the economy in the second half of 2011. so what's ian shepherdson predicting for the remainder of this year and beyond? we ask him, after the break. ol to follow me around. ew. seriously? so gross. ew. seriously? that is so gross. ew. seriously? dude that is so totally gross. so gross...i know. there's an easier way to save. geico. fifteen minutes could save you fifteen percent or more. al
, though? >> it's very interesting. you remember how romney in his tax can disclosure said he had up to $100 million in his i.r.a. and people said how could you have $100 million in your i.r.a. there's usually a limit in terms of how much you can put in. and the way bain would structure these things is they would create two classes of shares. one crass that was highly valued, and another class which was typically 10% of what the other class was and they give you the very low valued stock, you'd put it in your i.r.a., and it would glow like a weed. in one case, 1,000%. >> if this is the way that you help with compensation and that you luretal re tata talent -- >> apparently not many others do it this way. a bigger issue according to some tax lawyers is whether you could look at this and say that they were a little too clever with their valuation of the stock. and people were co-investing. they had a great co-investment program. young associates would actually leverage up on their credit cards so that they could co-invest into this program because you could get these tax free gains. >>
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